A 5% tax on the world's multimillionaires could lift 2 billion people out of poverty
The richest 1% have captured twice as much wealth as the rest of the world combined since 2020, according to a new Oxfam report. The world’s richest people have gained $1.5 trillion in the past three years. In fact, Oxfam’s findings show that the ultra rich have captured half of all new wealth created in the past decade. https://qz.com/oxfam-richest-people-pay-tax-poverty-hunger-wef-davos-1849986155 #Oxfam #Wealth #economy #billionaires #UltraRich #poverty